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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Palacios at 983 Bayview Dr, Palacios, TX, 77465 priced at $359,000 pairs $1,858/mo rent with after a $1,757/mo payment. Total monthly income equals $1,858/mo. Return on cash invested is 12.74% in year one, and rental yield stands at 6.21% on a $359,000 basis. Equity gained on principal adds $2,317/yr, and 5% annual appreciation accumulates to $99,185 by year five. Five-year ROI measures 65.65% and total cumulative return in cash reaches $78,127. For financing, Ziffy Mortgage’s DSCR program evaluates $1,858/mo property income against a $1,757/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
0.30 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood data shown for ZIP Code: 77465, Palacios, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,177 (100%) |
| Owner Occupied HU | 2,318 (55.5%) |
| Renter Occupied HU | 692 (16.6%) |
| Vacant Housing Units | 1,167 (27.9%) |
| Median Home Value | $223,515 |
| Average Home Value | $225,985 |
Residential
3,080
Single Family
3,018
Multi-Family
62
Businesses
254
Date | Event | Price |
|---|---|---|
| 2024-05-29 | Price change | $359,000 |
| 2022-10-13 | Listed for sale | $369,000 |
| 2019-09-20 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $3994.52 | 16.01% | $248,184 | 20.00% |
| 2023-02-13 | $3443.15 | 4.99% | $206,820 | 23.27% |
| 2022-02-13 | $3279.43 | 56.22% | $167,780 | -2.40% |
Listed by: Justin Guyer • RE/MAX Professionals
Mls Name: HAR
Mls Provider:
Mls ID: #97232911
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